Univar Inc. Announces Completion of New Term Loan Facilities and Closing of Offering of $400 Million of Senior Notes by Univar USA Inc.
01 Jul 2015
DOWNERS GROVE, Ill. – July 1, 2015 – Univar Inc. (NYSE: UNVR) (“Univar”) announced today that its wholly-owned subsidiary, Univar USA Inc. (“Univar USA”), has completed the issuance of its $2.05 billion USD Term Loan B and €250 million EUR First Lien Term Loan (“New Term Loan Facilities”) and that, separately, Univar USA has closed its offering of $400 million aggregate principal amount of 6.75% Senior Notes due July 15, 2023 (the “Notes”).
Univar Inc. Announces Pricing of $400 Million Offering of Senior Notes by Univar USA Inc.
24 Jun 2015
DOWNERS GROVE, Ill. – June 24, 2015 – Univar Inc. (NYSE: UNVR) (“Univar”) announced today that its wholly-owned subsidiary, Univar USA Inc. (“Univar USA”), has priced $400,000,000 aggregate principal amount of 6.75% Senior Notes due 2023 (the “Notes”). The Notes will mature on July 15, 2023, will have an interest rate of 6.75% and will be issued at 100% of par value, providing a yield to maturity to investors of 6.75%. Interest will be paid semi-annually on the 15th day of January and July beginning January 15, 2016. The offering is expected to close on July 1, 2015, subject to customary closing conditions.
Univar Inc. Announces Closing of Initial Public Offering and Full Exercise of Over-Allotment Option by Underwriters
23 Jun 2015
DOWNERS GROVE, Ill. – June 23, 2015 – Univar Inc. (NYSE: UNVR) (the “Company”), a global chemical distributor and provider of value-added services, announced today the closing of its previously announced initial public offering of common stock at a price of $22.00 per share. The Company’s common stock began trading June 18 on the New York Stock Exchange under the ticker symbol UNVR.
Univar Inc. Announces Launch of $400 Million Offering of Senior Notes
18 Jun 2015
DOWNERS GROVE, Ill. – June 18, 2015 – Univar Inc. (NYSE: UNVR) (“Univar”) announced today it intends to commence a private offering of $400 million in aggregate principal amount of senior unsecured notes due 2023 (the “Notes”). There can be no assurance that the private offering of Notes will be completed.
Univar Inc. Prices Initial Public Offering of Common Stock
17 Jun 2015
DOWNERS GROVE, Ill. – June 17, 2015 – Univar Inc., a global chemical distributor and provider of value-added services, announced today the pricing of its initial public offering of 35,000,000 shares of common stock at a price to the public of $22.00 per share. Univar Inc. will sell 20,000,000 shares and certain of our stockholders will sell 15,000,000 shares in the offering. The shares are expected to begin trading on the New York Stock Exchange under the symbol “UNVR” on June 18, 2015. The underwriters have a 30-day option to purchase up to an additional 5,250,000 shares of common stock from certain of our stockholders.
Univar Inc. Announces Launch of Initial Public Offering of Common Stock
08 Jun 2015
DOWNERS GROVE, Ill. – June 8, 2015 – Univar Inc., a global chemical distributor and provider of value-added services, announced today that it has commenced an initial public offering of 20,000,000 shares of common stock pursuant to a registration statement on Form S-1, as amended, filed with the U.S. Securities and Exchange Commission (SEC). The initial public offering price is currently expected to be between $20.00 and $22.00 per share. The underwriters have a 30-day option to purchase up to an additional 3,000,000 shares of common stock from certain of our stockholders.
Univar to Showcase New Skincare Prototype at 2015 NYSCC Suppliers’ Day
11 May 2015
DOWNERS GROVE, Ill., May 11, 2015 – Univar, a leading global distributor of personal care ingredients, will be introducing its “Uniquely Univar (UU)” correcting cream – a novel, multipurpose formulation designed to help consumers achieve healthy skin without the need for multiple products. Univar will be providing samples of this high-performance correcting cream, as well as other innovations, in booth #1355 at the upcoming New York Society of Cosmetic Chemists (NYSCC) Suppliers’ Day, on May 12 – 13, 2015, at the New Jersey Convention and Exposition Center.
Univar Acquires Key Chemical, Inc.
10 Apr 2015
DOWNERS GROVE, Ill. and WAXHAW, N.C., – April 10, 2015 – Univar USA Inc., a leading distributor of basic chemicals, specialty products, and related chemistry services, announced today it has acquired all of the outstanding stock of Key Chemical, Inc., one of the largest suppliers of hydrofluosilicic acid (fluoride) in the U.S. Key Chemical also supplies other chemistries to the municipal water, industrial, and oil and gas markets. The acquired business will be combined with Univar USA’s operations.
Univar and Solazyme to Present Breakthrough Microalgae Food Ingredients during the 2015 Clean Label Conference
26 Mar 2015
DOWNERS GROVE, Ill., March 26, 2015 – Univar, a leading global distributor of specialty and basic ingredients used in food and beverage applications, and Solazyme, Inc., a renewable oil and ingredients company, will jointly present a technical segment on the benefits of AlgaVia™ microalgae food ingredients at the upcoming 2015 Clean Label Conference from March 31 - April 1, 2015, in Itasca, Ill. The technical segment, titled “Innovating with Microalgae,” will spotlight the benefits of microalgae-based proteins and lipid powders that help formulators address dietary restrictions and preferences of today’s health-conscious consumers.
PeroxyChem announces ChemPoint as exclusive distributor of Food Grade Calcium Peroxide for the US and Canada
02 Feb 2015
PHILADELPHIA, PA, – February 2, 2015 – PeroxyChem, a global leader in peroxygen and adjacent chemistries, announced today that it has selected ChemPoint as its exclusive distributor of food grade calcium peroxide for the United States and Canada. Effective today, ChemPoint will manage order placement and fulfillment for food grade calcium peroxide orders and will also provide technical assistance and support to all food grade calcium peroxide customers.